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Susan Smith
Susan Smith
Susan Smith has worked as an editor and writer in the technology industry for over 16 years. As an editor she has been responsible for the launch of a number of technology trade publications, both in print and online. Currently, Susan is the Editor of GISCafe and AECCafe, as well as those sites’ … More »

GIS global market in the BFSI sector expects significant growth

October 10th, 2014 by Susan Smith

In a Research and Markets study report, the analysts forecast the global GIS market in the Banking, Financial Services and Institutions (BFSI) sector to grow at a CAGR of 8.43 percent over the period from 2013 – 2018.

As GIS is used for so many different industries these days, the opportunities for growth in the BFSI sector are not surprising. GIS is used across sectors such as Natural Resources, Utilities, Federal Government, Communication and Telecom, Military/Law Enforcement, and Others. GIS is used for various purposes such as disaster management, finding location details, viewing maps, marketing, designing facilities and others.

In terms of GIS product, the market can be segmented into three: Software, Data, and Services.

The report, the “Global GIS Market in the BFSI Sector 2014-2018,” has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions. It also covers the landscape of the Global GIS market in the BFSI sector and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. (From company materials)

Key Regions
– Americas

Key Vendors
– Esri
– Hexagon

Other Prominent Vendors
– Astrium (EADS)
– Autodesk
– AvisMap GIS Technologies
– Beijing SuperMap Software
– Caliper
– China Information Technology
– Computer Aided Development
– Digital Globe
– GE Energy
– Geosoft

Key Market Drivers
– Demand for Integrated GIS Applications
– For a full, detailed list, view our report

Key Market Challenges
– Popularity of Open-source Software
– For a full, detailed list, view our report

Key Market Trends
– Use of GIS in Online Cash Status Tracking of Automatic Teller Machine (ATM)
– For a full, detailed list, view our report

Key Questions Answered in this Report
– What will the market size be in 2018 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors

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Categories: banking, citizen science, climate change, cloud, data, Esri, geospatial, GIS, lidar, location based sensor fusion, location based services, location intelligence, mobile, satellite imagery, sensors

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